Smart Cities

The Industrial Internet of Things is About More Than Just Efficiency

The Industrial Internet of Things (IIoT) is built on the principles of efficiency, optimization and cost saving. However, there is much more to the IIoT than making things leaner, quicker and cheaper. The IIoT is creating value where there was none, it is supporting development outside its set definitions, in fact the IIoT seems to discover new game-changing opportunities wherever it explores. “IIoT presents a transformational opportunity for industry as the trends of urbanization, electrification and digitization all converge,” states Schneider Electric EVP and CTO, Prith Banerjee, in an article for CIO Review. “Whether for the supply chain, manufacturing line, energy grid, pipelines, water system or smart city, a new wave of applications for IIoT is currently being developed, mirroring the proliferation of ‘apps’ driven by the omnipresence of the consumer internet.” We can trace the IIoT concept back at least a decade, emerging on the back of technologies such as radio frequency identification (RFID). […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Zumtobel 2025
Smart Buildings

Zumtobel Invests €191 Million in R&D for Smart Buildings Growth

This Research Note examines Zumtobel, an Austrian listed lighting group active worldwide, highlighting its latest financial results as of 30th April 2025, published on 24th July. This updates our research note from last year. We also explore the Smart Building Solutions new business area, partnerships, and a European Investment Bank loan for research and development. […]

Hanwha Vision
Security

Hanwha’s Robust Financial Results: Significant $1Bn Revenue Achievement

This Research Note explores the development and financial highlights of Hanwha Vision, formerly known as Hanwha Techwin, a video surveillance company listed on the South Korean stock exchange. This analysis is based on  Hanwha Vision’s Sustainability Report, 2nd July 2025, and Memoori analysis. Hanwha Vision Profile Headquartered in South Korea, Hanwha Techwin entered the video […]

Legence 2025 IPO
Smart Buildings

Legence IPO Filing 2025: Financial & Market Position Analysis

This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering.  We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.